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2� 1 ��8484 7. Pr�ser�ation, 111�air�tenanc� and Pro�ect�an vf th� Propertys Inspections. Borrower shall nof des�roy, damage or impair the Property, al�ow th� Prape�ty ta deteriora�e o� commit waste on the Praperty. Whe#her vr nflt Barrower is �esiding in the Prvperty, Barrawer shal[ maintain #he Prvper�y in ord�r ta pre�ent fhe Property from deteriorating or decreasing in value due ta i�s condition. Unless i� is determin�d pursuan# to Sectivn 5 that repair o� restQ'rati�n is na� ec�namical{y feasi��e, Ba�rovuer shal� promp�ly repair �he Proper�y if damaged to a�oid �ur�her deter�ora�ion or damage. �f insurance or c�ndemnation proc��ds are paid in connecfii�n wi�h damage #o, or the �ak�ng ��, the Pro�erty, E�orrovuer shal� �e respons�b�e far r�pairing or restori�g �he Prap�r�y on�y if Lender has r��eased pr�ceed��r such purposes. Lender may d�sburse pr�ceeds for the repairs and restora#ian in a s�ngle paymer►t o� �n a series af pr�gres� payments as �he work is c�mplefed. �f the insurance vr cvndemnation proceeds are not sufficient �o repair or r�store the Prop�r�y, Bor�ower �s n�� relie�ed of Borrowe�'s obligation for the c�mp�etion vf such repair�r restaration. Lender or its agent may make reasonabf�entries upon and inspe�tions of#he Proper�y. l��t has reasonable caus�, Lender may inspec�the int�rior of�he improvements on�he Proper#y. Lender sha�l gi�e Barrower n�tice af#he t�me af or priar to such an in��rior inspecti�n spec�fying such reasona��cause. S. Borrower's Lvan Application. Borrower shall be in defa�al� if, during the Loan applica��on �]�"�C�55, Borr�wer �r any persons ar entities ac�ing a� the direction �� Borrvwer or with Bar�ower's know�edge ar �ons�nt ga�e mat�ria�ly false, misleading, or inaccura#e informa�i�n or statements to �ender �flr fai�ed to pro�ide Lender with materia� in�ormati�n} in connecfiifln with �he Loan. Mater�al representations include, but are nat iim�ted tv, representations concern�ng Bor�ower's occupancy af�he � Property as Borrower's principa� residenc�. 9. Prote�fion �f Lender's Interest in the Prvper�y and R�ghts Under this Security Instrument. lf �a} Borrower fails �� pe�orm the ca��nan#s and agreem�n�s con�ained in �h�s Security Instrument, �b} there is a legal pr�ceeding that might significantly affect Lender's interest �n th� Praper�y andl�r r�ghts under �hEs Security Instrument �such as a p�oce�d�ng in �ankruptcy, p�oba�e, for condemnation or forfei�ure, for en�orcement Qf a lien which may at�a�n pri��ity o�� th�s Securi�y lnstrum�nt or�o enforce laws or rsguia�ivns}, �r �c} Borr�wer has abandaned the Proper�y, fihen L�nder may do and pay fiar whate�er is r�asanabfe or appropr�ate to pr��ect Lender's in�eres#in�he Prope�ky and �ights under�his 5ecuri�y lnstrument, includ�ng protec�ing andl�r assessing fih��alue of the �'rop�r�y, and s�curing andlor repairin�the Property. Lender's actions can inc�ude, but are no�limffed to: �a}paying any sums secured by a �ien which has priori�y a�er this Securi�y Insfrumen�; �b}appearing in cvurt; and �c} paying reasonable atfarneys'�ees�o prot�c�i�s interes�in th� Proper�y andlor r�ghts under�hiS Securi�y �ns�rument, includ�ng i�s secu�-ed posi��vn in a bankruptcy pro�eeding. Securing the Property includes, but is n�t iimited to, entering �he Prape�y �� make re�airs, change locks, �ep�a�e or board up doors and windaws, dra�n wa�er from pipes, e�im�na�e building or�ther c�de viafations Qr dangeraus c�nditions, and ha�e uti[i�ies turned on or vfi�. A�th�ugh Lender may take action under �his Section 9, Lende� does not ha�e to do sa and is nat under any duty or obliga�i�n �� da sn. It �s agreed �hat Lender�ncurs no liabili�y f�r no��a�ing any�r aik ac��vns aufhorized und�r fihis S�c�ivn 9. Any amaun�s disburs�d by Lender under�his 5ec�i�n 9 shall become additional debt of Borrowe� secur�d by this Secu�ity Instrument. Th�se amvunfs sha�l bear interes�a��he Note rate�rom the dat� of disburs�men� and shai! be payable, with such interest, upon nat�ce from L�nder �o Borrower requ�sfing payment. If this Securi�y �ns�rument �s on a �easehold, Borrawer shali comply with a�� the pro�isions af the I�ase. !f Borrower acquires fee titie to the Proper�y, the f�asehold and the�ee tifile shall not me�ge unless Lender agre�s fo the m�r�er in wri�ing. � �10, Mortgage [n�urance. If Lender required Ma�tgage Insurance as a condit�an of making the L�an, Bo��ower shail pay�he premiums required tv ma�n�ain the Mortgage �nsurance in ef�ect. i�, ��r any �eas�n, �he Mor�gage Insurance c�v�rage required by Lender ceases t� be a�a�iable from th� martgage in�urer�hat pr��ousiy pro�ided such �nsurance and Borrower was required to make separate�y � 3 D ❑ ❑ b 4 5 z 8 8 � �+'c M C i'�'1 fl R T D Q T � {�E8RA5�A�-Single Family-Fannie Mae1F�-eddie Mac UN�F�RM 1NSTRUMENT Form 3�28 �1�� (page 7 of 94 pages) Martgage Cadence Do�ument Center a 3�27 01l�4